Great news for individuals who have completed their 12th grade! You now have the opportunity to apply for a job that offers a competitive package of 6-7 lakhs per annum. However, there is a specific requirement for these jobs: you need to acquire the Enrolled Agent Certification, which focuses on studying US taxation.
What's unique about Enrolled Agent Course?
The Enrolled Agent (EA) course consists of three subjects: Individuals, Businesses, and Representation practices and procedures. By completing this certification, you become a tax professional with the authorization to represent taxpayers at all levels of the Internal Revenue Service (IRS). Enrolled agents possess unrestricted practice authority, allowing them to provide tax advice and representation to individuals, corporations, trusts, and any other entities required to file taxes.
Now, let's dig into the process of obtaining the Enrolled Agent Certification. Any individual who has successfully passed their 12th grade, regardless of their stream of study, is eligible to apply for the exam. To kickstart the journey, you need to obtain a PTIN (Permanent Tax Identification Number) by filing an online application. This unique identification number is essential for tax professionals.
How to prepare for Enrolled Agent Certification?
To prepare for the exam, you can seek assistance from reputable institutions such as KC GlobEd, Simandhar, Miles, and other similar organizations. These institutions offer study materials and live sessions to help you grasp the required knowledge and skills. Once you feel adequately prepared, you can schedule the exam according to your convenience.
After passing the exam, the next step is to register with the Internal Revenue Service (IRS) and undergo a suitability check. This ensures that you meet the necessary criteria to become an enrolled agent. Upon successfully completing these steps, you will be ready to embark on your journey as an enrolled agent, equipped with the expertise to provide tax guidance and representation to a wide range of clients.
This certification empowers you to become an enrolled agent with the authority to represent taxpayers and offer tax advice.